Dec 30, 2020
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.00 to $0.04.
The split itself did not change the total investment value.
Yari Resources Limited (ASX:YAR) operates in the Other metals/Minerals industry.
Yari Resources Limited company overviewYari Resources Limited's most recent stock split was on December 30, 2020. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Yari Resources Limited (ASX:YAR) has split its stock 6 times: a 1-for-20 reverse split on June 10, 2015, a 186-for-185 split on December 1, 2016, a 105-for-101 split on September 12, 2019, a 16-for-15 split on April 29, 2020, a 35-for-32 split on September 23, 2020, and a 1-for-15 reverse split on December 30, 2020.
Yari Resources Limited has split its stock 6 times. This history records 6 splits between June 10, 2015 and December 30, 2020.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Yari Resources Limited's 1-for-15 reverse split on December 30, 2020, every 15 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Yari Resources Limited has not announced a new split in our records. Its most recent split was on December 30, 2020, 5 years ago. Companies announce splits in advance, and any new ASX:YAR split will appear on this page.
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